This week's GRIs

By Catie Fry |Friday, January 10, 2014

Hapag-Lloyd will increase rates effective Feb. 15. Rates for cargo on the eastbound trade from India Zone 1 and Pakistan to all U.S. and Canada destinations will increase $300 per TEU; $375 per 40-foot containers; $425 per 40-foot cube containers; and $425 per 40-foot reefer containers. India Zone 1 comprises of the India West Coast ports (Nhava Sheva and Mundra) and all inland container depot locations moving via the India West Coast ports.

Maersk increased rates on Jan. 4, it announced Tuesday. Cargo from Far East Asia to East Coast South America, excluding Pecem (Brazil), Salvador (Brazil), Suape (Brazil), Vitoria (Brazil), and Manaus (Brazil), will be affected. Rates will increase $500 per TEU, $1,000 per 40-foot container, and $1,000 per 45-foot highcube dry. Rates for non-operating reefers will increase by $500.

Members of the Caribbean Shipowners Association will increase their rates effective Feb. 2, the group announced Monday. Rates will increase $50 per TEU; $100 per 40-foot container; $113 for containers more than 40 feet; $67 for vehicles up to 700 cft; $2.40 w/m (40 cft. or 2,000 lbs.) for vehicles more than 700 cft; $2.40 w/m (40 cft or 2,000 lbs.) for breakbulk, LCL; $.06/cft for LCL (1 cft); and $.12/cwt for LCL (100 lbs.).

Contact these individual carriers for more information and applicability.